2-bed · 1,212 sqftLakeside Residence Tower, Jumeirah Lake Towers (JLT) · 18th floor · completed 2012

1809, Lakeside Residence Tower

Sold prices and rental history: sold 3 times, last in May 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1809 · DLD and Ejari recordsUpdated 17 May 2022
Last soldAED 1.14M17 May 2022
Current rentAED 85K /yr1 April 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1809, Lakeside Residence Tower

What is 1809 worth today?

Last sold for AED 1,140,000 in 2022

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17 May 2022SoldReady
AED 1,140,000AED 940 per sqft
6 May 2021SoldReady
AED 950,000AED 783 per sqft
1 Apr 2020RentedRenewal
AED 85,000/yr12 months · AED 70 per sqft
1 Apr 2019RentedNew contract
AED 93,000/yr12 months · AED 76 per sqft
1 Apr 2018RentedRenewal
AED 105,000/yr12 months · AED 86 per sqft
1 Apr 2017RentedNew contract
AED 115,000/yr12 months · AED 95 per sqft
20 Mar 2015RentedNew contract
AED 125,000/yr12 months · AED 103 per sqft
26 Jun 2013RentedNew contract
AED 95,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 17 May 2022.

Key facts

Type
2-bed apartment
Size
1,212 sqft
Floor
18th of 34
Parking
P.L.1/1158
Developer
Al Manal Development
Completed
2012
Service charge
AED 16,600 /yr
Last sold
AED 1.14M · May 2022

About 1809, Lakeside Residence Tower

1809 is a two-bedroom apartment of 1,212 sqft on the 18th floor of Lakeside Residence Tower, a 34-storey tower in Jumeirah Lake Towers (JLT) completed in 2012 by Al Manal Development. It last sold on 17 May 2022 for AED 1,140,000, or AED 940 per sqft, in line with the AED 927 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 April 2020, is AED 85,000 a year: a gross yield of 7.5% on the 2022 price, before the service charge of about AED 16,600 a year.

Sales and rents for 1809 over time

Sales
Unit 1809, each saleTypical two-bed in Lakeside Residence Tower
1M1.5M2012201620202024Typical sale price by year: 2012 AED 1,067,065; 2013 AED 1,195,080; 2014 AED 1,650,000; 2015 AED 1,525,000; 2016 AED 1,470,000; 2017 AED 1,475,000; 2018 AED 1,270,000; 2020 AED 925,000; 2021 AED 950,000; 2022 AED 1,140,000; 2023 AED 1,267,500; 2024 AED 1,640,000; 2025 AED 1,740,000; 2026 AED 1,800,000Sold by developer, February 2013: AED 1,192,476 (AED 983 per sqft)Sold, May 2021: AED 950,000 (AED 783 per sqft)Sold, May 2022: AED 1,140,000 (AED 940 per sqft)

1809 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1809, each contractTypical two-bed in Lakeside Residence Tower
100K2013201720212025Typical rent by year: 2013 AED 95,000; 2014 AED 105,000; 2015 AED 115,000; 2016 AED 115,000; 2017 AED 110,000; 2018 AED 100,000; 2019 AED 85,000; 2020 AED 73,000; 2021 AED 68,000; 2022 AED 78,000; 2023 AED 88,935; 2024 AED 101,500; 2025 AED 114,260; 2026 AED 110,000New contract, June 2013: AED 95,000 a yearNew contract, March 2015: AED 125,000 a yearNew contract, April 2017: AED 115,000 a yearRenewal, April 2018: AED 105,000 a yearNew contract, April 2019: AED 93,000 a yearRenewal, April 2020: AED 85,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Lakeside Residence Tower, and where 1809 sits

All 132 2-beds →

1809 last sold in May 2022 at AED 940 per sqft, in line with what two-beds in Lakeside Residence Tower were fetching at the time (AED 927). Over the last 12 months two-beds sold for AED 1,750,000 to 1,950,000, around AED 1,525 per sqft, and rent for AED 60,000 to 170,000 a year. 1809's AED 85,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Oct 20261,950,000
4 Sep 20261,850,000
4 Sep 20261,780,000
25 Aug 20261,800,000
7 2-bed sales in the last 12 months

Lakeside Residence Tower

Building

358 apartments, 1-bed to 2-bed over 34 floors in Jumeirah Lake Towers (JLT), completed in 2012 by Al Manal Development. 18 sold in the last 12 months.

Typical price per sqft
AED 1,543 Up 6.1%
Typical sale
AED 1.33M
Typical rent
AED 84K /yr
Typical yield
6.3%
Lakeside Residence Tower, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 18th floor

All 358 units in Lakeside Residence Tower
Value
18012-bedAED 1.05M · Feb 2013
18021-bedAED 764K · Feb 2013
18031-bedAED 805K · Nov 2013
18042-bedAED 700K · Jul 2017
18051-bedAED 1.14M · Sep 2013
18062-bedAED 1.03M · Feb 2013
18071-bedAED 500K · Jan 2021
1–7 of 9

1809, Lakeside Residence Tower in numbers

  • Sold 3 times: first on 25 February 2013 for AED 1,192,476, last on 17 May 2022 for AED 1,140,000 (AED 940 per sqft).
  • Rented since June 2013 on 6 Ejari contracts, from AED 95,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2022 price is 7.5%, before a service charge of about AED 16,600 a year (AED 13.70 per sqft).
  • Two-beds in Lakeside Residence Tower sold for AED 1,750,000–1,950,000 in the 12 months to November 2026; the building's median across all types is AED 1,543 per sqft.

Source: Dubai Land Department. Updated 17 May 2022.

Questions about 1809, Lakeside Residence Tower

What did unit 1809 last sell for?

AED 1,140,000 on 17 May 2022: AED 940 per sqft for 1,212 sqft. The unit has 3 registered sales; the first was AED 1,192,476 in February 2013.

What is the rent for unit 1809?

AED 85,000 a year on the contract renewed on 1 April 2020. The previous contract, from April 2019, was AED 93,000; the unit has been rented since June 2013.

How big is unit 1809?

1,212 sqft (112.6 sqm): a two-bedroom apartment on the 18th floor of a 34-storey tower completed in 2012.

What is unit 1809 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Lakeside Residence Tower sold for AED 1,750,000 to 1,950,000 in the last 12 months, around AED 1,525 per sqft.

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Mortgage on 1809, Lakeside Residence Tower

Starts from the last sale price (AED 1.14M, 17 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,140,000
Deposit, UAE resident (20%)
AED 228,000
Deposit, non-resident (40%)
AED 456,000
Monthly over 25 years at 3.7%
AED 4,664

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →